I’m in the black overall only because of how awesome Netflix was; there’s a lot of stocks I bought that lost a bunch or merely tread water. I now take the opportunity approach seriously.
Did you beat the SAP500 or are you only in the black?
Did you beat the SAP500 or are you only in the black?
For this time period, it turns out that which comparison you make doesn’t matter- the S&P 500 was about the same when I started investing in 2006 and when I wrote this comment in 2011. Since I wrote this comment, the majority of my money has been in index funds (I sold BP after I owned it for a year to lock in the 50% gain while avoiding the tax hit for short-term trading), so comparisons to the index funds I’m holding don’t seem particularly enlightening. The primary investment decision I’ve made since then in dollar terms—not investing in Bitcoin when I first seriously considered it because of laziness—turned out to be a huge mistake (but still a retrospective validation of the opportunity approach).
Did you beat the SAP500 or are you only in the black?
For this time period, it turns out that which comparison you make doesn’t matter- the S&P 500 was about the same when I started investing in 2006 and when I wrote this comment in 2011. Since I wrote this comment, the majority of my money has been in index funds (I sold BP after I owned it for a year to lock in the 50% gain while avoiding the tax hit for short-term trading), so comparisons to the index funds I’m holding don’t seem particularly enlightening. The primary investment decision I’ve made since then in dollar terms—not investing in Bitcoin when I first seriously considered it because of laziness—turned out to be a huge mistake (but still a retrospective validation of the opportunity approach).